KEL
KEL
KEL - Kelly Group - Trading update for the twelve months to September 2007
KELLY GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1999/026249/06)
ISIN: ZAE000093373
Share Code: KEL
("Kelly Group" or "the Company" or "the Group")
TRADING UPDATE FOR THE TWELVE MONTHS TO SEPTEMBER 2007
Kelly Group`s shareholders are advised that for the twelve months ended 30
September 2007 the Group`s earnings per share ("EPS") and headline earnings
per share ("HEPS") have increased from 23 cents per share to between 65 cents
per share and 75 cents per share.
Earnings before interest, tax, depreciation and amortisation is expected to
have increased by between 25% and 35% while Revenue is expected to be between
15% and 25% higher than the corresponding reporting period last year.
The Group`s pro forma EPS and HEPS, after adjusting for shareholder interest
paid during the period, are expected to be between 25% and 35% (i.e. from 70
cents per share to between 85 and 95 cents per share) higher than the
corresponding reporting period last year.
The financial information on which this trading statement is based has not
been reviewed or reported on by the Company`s auditors.
Sandton
23 October 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 23/10/2007 13:12:51 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.